To Which Ledger Account Are the Standard Costs of Direct

question 43

Multiple Choice

To which ledger account are the standard costs of direct material, direct labour and manufacturing overhead charged?

• A) Not used at all.
• B) Used for variances only.
• C) Entered into work in process inventory.
• D) Entered into a standard control account.

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Definitions:

Valuing Coworker Diversity

Acknowledging and appreciating the differences and unique contributions of coworkers from various backgrounds, leading to a more inclusive and productive workplace environment.

Global Work Force

Refers to the international labor pool of workers, enabling companies to draw employees from around the globe for diverse and skilled talent.

Open Mind

The willingness to consider or accept new and different ideas or opinions.